True, but cash gives them options. The recent share buy-back was one of them, $150m buy back, we're all better off for it on EPS. But, there's still a lot of cash in bank, so their options include many things, like paying it back to shareholders, buying back more shares, instating a dividend, buying Synlait (maybe divesting MVN), who knows ... they don't seem to take much account from investors sentiment, so anything could happen to surprise us. Any way you look at it, we're in a very good position to decide what to do with the cash hoard.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$7.95 |
Change
-0.320(3.87%) |
Mkt cap ! $5.755B | |||
| Open | High | Low | Value | Volume |
| $8.25 | $8.25 | $7.95 | $11.06M | 1.377M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.99 | 13595 | 4 |
View Market Depth
| Last trade - 16.16pm 23/06/2025 (20 minute delay) ? |
| A2M (ASX) Chart |